Samsung's Co-CEO Talks About Acquisition Rumors and its Future Plan With BlackBerry

Several days ago we heard about rumors saying that Samsung was planning to buy BlackBerry, which later proved to be false as both sides denied the rumors. Recently, Samsung Co-CEO J.K Shin spoke to the Wall Street Journal regarding the rumors, saying that Samsung has no intention of buying BlackBerry but wants to enhance their partnership. This partnership enhancement includes the potential use of BlackBerry technology in Samsung devices.

“We want to work with BlackBerry and develop this partnership, not acquire the company,” said J.K. Shin, who heads Samsung’s mobile-phone business.

Shin added that the acquisition of BlackBerry would be a counter to Samsung's current strategy. As we know, Samsung has partnered with BlackBerry to develop its own security platform for enterprise, called Knox, which shows its ambition in conquering the enterprise market.

Knox has yet to show any progress and no prominent client for the platform has been announced, despite heavy investment for Knox development by Samsung. However, the company plans to remain committed to the platform over the long term.

“We are satisfied with the progress of Knox, including the quality of security and protection that it enables, and remain committed to Knox over the long term,” the company said.